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Nikkei tops 20,000, European shares hit 15-yr high

World shares tested record highs on Friday as hopes of more easy money from top central banks pushed Japan`s Nikkei past 20,000 points for the first time in 15 years and European stocks reached similar heights.

World stock markets plunge after Obama’s win

The S&P 500 closed below the key 1,400 level for the first time since Aug. 30, while the Dow ended under 13,000 for the first time since Aug. 2.